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Product Management Bulletin-PM-22-075

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
Post-Application Coverage Endorsement (PACE) Changes Effective for the 2023 and Succeeding Crop Years

The Federal Crop Insurance Corporation Board of Directors approved changes to the PACE crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on August 18, 2022.

The following changes are applicable for the 2023 and succeeding crop years:

  • PACE insurance option for corn has been expanded to most counties in Iowa, Illinois, Minnesota, and Wisconsin where non-irrigated corn is insurable, in addition to the current select counties in Indiana, Kansas, Michigan, Nebraska, North Dakota, Ohio, and South Dakota.
  • Clarifications were made to the definitions and/or explanations for units, prevented post-application, split application, PACE nitrogen report, total nitrogen application rate, notice of loss, and written agreement, where applicable.

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Post-Application Coverage Endorsement (23-20660)
  • Post-Application Coverage Endorsement Loss Adjustment Standards Handbook (FCIC-20660L)
  • Post-Application Coverage Endorsement Insurance Standards Handbook (FCIC-20660U)

Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at www.rma.usda.gov/Information-Tools/Agent-Locator. DISPOSAL DATE: December 31, 2023